PayPal Archives - CFO

Apple Working on ‘Buy Now, Pay Later’ Plan

Credit & Capital

Apple Working on ‘Buy Now, Pay Later’ Plan

The company is partnering with Goldman Sachs to let users pay for purchases in installments and will rival similar services offered by Affirm and PayPal.

By Lauren Muskett | July 14, 2021

PayPal Posts Record Sales on E-Commerce Boom

PayPal Posts Record Sales on E-Commerce Boom

“Our growth reinforces the essential role we play in our customers’ daily lives during this pandemic.”

By Matthew Heller | November 3, 2020

PayPal to Allow Cryptocurrencies

PayPal to Allow Cryptocurrencies

Customers will be able to buy, sell, and hold virtual coins, including bitcoin, using the company’s online wallets.

By Lauren Muskett | October 21, 2020

PayPal Crushes Estimates, Posts 25% Sales Gain

PayPal Crushes Estimates, Posts 25% Sales Gain

“Our record performance in the second quarter — our strongest quarter ever — reaffirms the relevance of PayPal in the unfolding digital future."

By Matthew Heller | July 30, 2020

PayPal Sues CFPB Over ‘Confusing’ Prepaid Card Rules

Risk & Compliance

PayPal Sues CFPB Over ‘Confusing’ Prepaid Card Rules

The company is challenging regulations that require PayPal accounts to guarantee the same consumer protections as prepaid credit cards.

By Lauren Muskett | December 16, 2019

PayPal Sweetens Offerings With $4B Honey Buy

PayPal Sweetens Offerings With $4B Honey Buy

The browser plugin that hunts for online shopping bargains is "amongst the most transformative acquisitions in PayPal’s history."

By Matthew Heller | November 21, 2019

PayPal Pulls Out of Facebook’s Crypto Project

PayPal Pulls Out of Facebook’s Crypto Project

The payments company was reportedly concerned Facebook had not done enough to address the regulatory backlash against the Libra plan.

By Matthew Heller | October 7, 2019

PayPal Investment Positions It for China Entry

PayPal Investment Positions It for China Entry

The company will become the first foreign platform to offer digital payment services in China by acquiring 70% of a domestic provider.

By Matthew Heller | October 1, 2019

Synchrony Shares Jump on Big Earnings Beat

Financial Performance

Synchrony Shares Jump on Big Earnings Beat

The company's acquisition of PayPal's U.S. consumer credit portfolio helped boost loan receivables by $11 billion, or 14%.

By Matthew Heller | January 23, 2019

Breakout Quarter for Venmo Powers PayPal Beat

Financial Performance

Breakout Quarter for Venmo Powers PayPal Beat

"While it is still early, our [Venmo] monetization efforts appear to be reaching a tipping point," PayPal CEO Dan Schulman says.

By Matthew Heller | October 19, 2018

How Important Are Intangible Asset Impairments?

Mergers & Acquisitions

How Important Are Intangible Asset Impairments?

Where there are impairments for intangible assets such as goodwill, other liabilities may be lingering on the balance sheet as well.

By Olga Usvyatsky | July 19, 2018

Shares of Payment Firm Adyen Soar

Shares of Payment Firm Adyen Soar

The Adyen IPO's auspicious performance could prompt more fintech companies to test the public markets.

By William Sprouse | June 14, 2018

PayPal Boosts PoS Solutions With iZettle Buy

PayPal Boosts PoS Solutions With iZettle Buy

iZettle's card readers fit PayPal's strategy of expanding its in-store presence and geographic reach.

By Matthew Heller | May 18, 2018

Apple to Launch Peer-to-Peer Payment Service

Apple to Launch Peer-to-Peer Payment Service

The enhancement to Apple Pay will compete with PayPal's Venmo, a leader in the growing peer-to-peer payments market.

By Matthew Heller | June 7, 2017

CFOs Warily Optimistic About Trump

CFOs Warily Optimistic About Trump

On the upside: tax breaks and the post-election rally in the stock markets. On the downside: Trump’s protectionist plans and his “shock-like” statements.

By David Katz | December 13, 2016